SuperMoney
Nationwide My Savings
in Savings Accounts from Nationwide
Claimed Visit Site

Nationwide My Savings

Claimed
in Savings Accounts from Nationwide
SuperMoney Net Recommendation Score +96  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +96, equating to 4.9 on a 5 point rating scale.

+96

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

25 users recommend
1 user is unsure
0 users don't recommend
Cast your vote

Would you recommend Nationwide My Savings to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating Strongly recommended
Monthly Fee $0
APY (Annual Percentage Yield) 0.2% - 0.3%
Minimum Balance to Earn APY $1,000
Number of Reviews 26

Nationwide My Savings Review

Nationwide My Savings is offered by Nationwide, founded in 1926 and based in Columbus, OH. Nationwide My Savings is available in 50 states across the USA.

Key Takeaways
  • Higher than average APY. Nationwide My Savings has an annual percentage yield of up to 0.3%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $1000.
  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
Nationwide savings account Pros & Cons
Pros Cons
  • Available in 50 states.
  • Interest-yielding account.
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Not FDIC-insured.
  • Higher than average wire transfer fees.
Nationwide savings account FAQ

Are savings accounts from Nationwide federally insured?

No, your Nationwide savings accounts are not insured by a federal insurance agency. This means that if Nationwide were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

Does Nationwide offer a signup bonus?

Nationwide savings account doesn't offer a signup bonus.

What is the minimum initial deposit for Nationwide savings account?

The minimum deposit to open a Nationwide savings account is $100.
Nationwide My Savings Minimums
Description
Minimum Balance to Earn APY $1,000
Minimum Opening Deposit Starting at $100
Minimum Required Balance $0

What APY does Nationwide offer?

Nationwide savings account offers an APY starting at 0.2% and ranging up to 0.3% (APY stands for annual percentage yield, rates may change).

What fees does Nationwide savings account charge?

Nationwide savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

  • Outgoing domestic bank transfers come with a $35 fee.
  • Outgoing international bank transfers come with a $45 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Nationwide savings account charges $5 every time you request a paper statement.

What features and perks does Nationwide savings account offer?

This savings account includes the following features:

Can you set up a direct deposit to Nationwide savings account?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Nationwide savings account?

The customer support email for Nationwide savings account is consumerprivacy@nationwide.com.

How do people rate the customer service and user experience of Nationwide savings account?

Overall, Nationwide savings account is strongly recommended based on community reviews that rate customer service and user experience.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 49 states and Washington, D.C.
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Minimum Balance to Earn APY $1,000
Minimum Opening Deposit Starting at $100
Minimum Required Balance $0
Monthly Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $25
Wire Transfer Fee - Domestic (Outgoing) $35
Wire Transfer Fee - International (Outgoing) $45
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Residence
  • Government Issued Photo ID
Bauer Financial A+/A Rating
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • ATM Reimbursement
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Bauer Financial A+/A Rating
  • Member FDIC
APY (Annual Percentage Yield) 0.2% - 0.3%

Nationwide My Savings Community Reviews

 

Would you recommend Nationwide My Savings to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +96, equating to 4.9 on a 5 point rating scale.

+96

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

sorted by